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Laying it on with a trowel

12 November 2002 By Mike Monnelly

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Laying it on with a trowel

12 November 2002 By Mike Monnelly

Shortsellers have divebombed the German cement group’s bonds in anticipation of liquidity problems. The bonds may now tread water pending a planned asset sale. The odd thing is that the shares have held up.

This content is for Subscribers only

 

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